by Drew Troyer, CRE, CMRP, T.A. Cook/Accenture, Editor | Feb 6, 2022 | Asset Management, RAM Tools & Methods
For most of 2021, my articles for The RAM Review focused on the various metrics and key performance indicators (KPIs) for equipment-asset management. I started with a series on proactive leading indicators such as Overall Vibration Effectiveness (OVE) and Overall...
by Drew Troyer, CRE, CMRP, T.A. Cook/Accenture, Editor | Jan 23, 2022 | Beyond RAM, The Sustainable Plant
For the uninitiated, “ESG” is the acronym for Environmental, Social, and Governance performance. Headlines and associated press releases and articles often focus on ESG performance these days. Some seem to represent thinly veiled warnings for businesses...
by Drew Troyer, CRE, CMRP, T.A. Cook/Accenture, Editor | Jan 17, 2022 | Asset Management, RAM Tools & Methods
Happy New Year! I hope all readers had a pleasant and restful Festive Season. I’m kicking off 2022 with a continuation of my discussion on lagging metrics and key performance indicators (KPIs) for asset management. Here, we’re turning our attention to Quality,...
by Drew Troyer, CRE, CMRP, T.A. Cook/Accenture, Editor | Dec 13, 2021 | Asset Management, RAM Tools & Methods
In Part 3 of this series (see links below ) on Yield/Speed, the second element of Overall Equipment Effectiveness (OEE), we discussed production-induced losses. This week, we address market and/or market- and marketing-induced Yield/Speed losses. One doesn’t commonly...
by Drew Troyer, CRE, CMRP, T.A. Cook/Accenture, Editor | Dec 4, 2021 | Asset Management, RAM Tools & Methods
In Parts 1 and 2 of this series on the second element of Overall Equipment Effectiveness (OEE), we discussed Yield/Speed in general, as well as various equipment-related issues of poor yield performance (see links to Parts 1 and 2 below.) This week, we are looking at...
by Drew Troyer, CRE, CMRP, T.A. Cook/Accenture, Editor | Nov 15, 2021 | Asset Management, RAM Tools & Methods
In Part 1 of this series on the second element of Overall Equipment Effectiveness (OEE), we discussed Yield/Speed as the ratio of the actual production rate divided by the Highest Sustained Rate (see ink below). We also raised another important issue about this...
by Drew Troyer, CRE, CMRP, T.A. Cook/Accenture, Editor | Nov 8, 2021 | Asset Management, RAM Tools & Methods
Having explored Availability, the first element of Overall Equipment Effectiveness (OEE), in detail, we will now be examining OEE’s second element: Yield/Speed. As we begin this new discussion, keep these points in mind: Availability quantifies the...
by Drew Troyer, CRE, CMRP, T.A. Cook/Accenture, Editor | Oct 31, 2021 | RAM Tools & Methods
Let’s start with some recapping: In Part 5 of this series on Availability (see links to all parts below) we addressed market- and marketing-induced causes for “unavailability,” with a focus on undersold capacity. In this concluding installment, our...
by Drew Troyer, CRE, CMRP, T.A. Cook/Accenture, Editor | Oct 24, 2021 | RAM Tools & Methods
In Part 4 of this series on Availability, the first element of Overall Equipment Effectiveness (OEE), we focused on production-induced causes for “unavailability.” (See links to previous installments below.) This week, we will be turning our attention to...
by Drew Troyer, CRE, CMRP, T.A. Cook/Accenture, Editor | Oct 11, 2021 | Asset Management, RAM Tools & Methods
Let’s re-cap previous parts of this series. When I initially addressed Overall Equipment Effectiveness (OEE), I challenged the conventional approach for describing the metric and even challenged the its name (see link below). I much prefer the term...
